How many employees does Steel Dynamics (STLD) have?

Steel Dynamics reported 12,600 full-time equivalent employees in its most recent annual filing (fiscal year 2023).

How has Steel Dynamics's headcount changed year over year?

Steel Dynamics's reported headcount grew by +4.5% versus the prior fiscal year.

What is Steel Dynamics's employee growth rate?

Between fiscal years 2002 and 2023, Steel Dynamics's headcount changed at a compound annual growth rate (CAGR) of +13.6% per year.

How much revenue does Steel Dynamics generate per employee?

In its most recent annual period, Steel Dynamics generated roughly $1.5M of revenue per employee. This is derived by dividing annual revenue by reported headcount and is shown only for companies that report in US dollars.

Where does Steel Dynamics's employee count data come from?

Headcount figures are taken from Steel Dynamics's annual reports (10-K, or 20-F/40-F for foreign filers) and periodic company filings. Annual filings drive the snapshot, chart, year-over-year change, and CAGR; interim filings are listed in the full history table.

Steel Dynamics (STLD) Employee Count & Headcount History

Latest headcount

12,600

Fiscal year 2023

YoY change

+4.5%

vs. prior fiscal year

Headcount CAGR

+13.6%

Per year, full history

Revenue / employee

$1.5M

Latest annual period

Employee count history for Steel Dynamics

Steel Dynamics employee count by fiscal year
Fiscal year	Employees
2002	869
2003	1,400
2004	1,645
2005	1,795
2006	3,490
2007	5,940
2008	6,650
2009	5,990
2010	6,180
2011	6,530
2012	6,670
2013	6,870
2014	7,780
2015	7,500
2016	7,695
2017	7,635
2018	8,200
2019	8,385
2020	9,625
2021	10,640
2022	12,060
2023	12,600

Revenue per employee for Steel Dynamics

Annual revenue divided by reported headcount, normalized to US dollars.

Steel Dynamics revenue per employee by fiscal year (USD)
Fiscal year	Revenue per employee (USD)
2002	$994.8K
2003	$705.2K
2004	$1.3M
2005	$1.2M
2006	$928K
2007	$738.1K
2008	$1.2M
2009	$660.9K
2010	$1M
2011	$1.2M
2012	$1.1M
2013	$1.1M
2014	$1.1M
2015	$1M
2016	$1M
2017	$1.2M
2018	$1.4M
2019	$1.2M
2020	$997.6K
2021	$1.7M
2022	$1.8M
2023	$1.5M

Earnings per employee for Steel Dynamics

Annual net income divided by reported headcount, normalized to US dollars; years with a net loss dip below zero.

Steel Dynamics earnings (net income) per employee by fiscal year (USD)
Fiscal year	Earnings per employee (USD)
2002	$89.6K
2003	$33.7K
2004	$179.5K
2005	$123.6K
2006	$113.7K
2007	$66.4K
2008	$69.7K
2009	-$1.4K
2010	$22.8K
2011	$42.6K
2012	$24.5K
2013	$27.6K
2014	$20.2K
2015	-$17.4K
2016	$49.7K
2017	$106.4K
2018	$153.5K
2019	$80K
2020	$57.2K
2021	$302.1K
2022	$320.3K
2023	$194.5K

Employee count history for Steel Dynamics (STLD)

Annual figures come from annual reports (10-K, or 20-F/40-F for foreign filers); interim rows reflect headcount disclosed in periodic filings. Year-over-year change compares each filing with the prior year's equivalent. Revenue and earnings per employee are annual figures normalized to US dollars.

Steel Dynamics (STLD) employee count filing history
						Filing
2023	12,600	+4.5%	+540	$1.5M	$194.5K	10-K	Dec 31, 2023	Feb 29, 2024
2022	12,060	+13.3%	+1,420	$1.8M	$320.3K	10-K	Dec 31, 2022	Feb 28, 2023
2021	10,640	+10.5%	+1,015	$1.7M	$302.1K	10-K	Dec 31, 2021	Feb 28, 2022
2020	9,625	+14.8%	+1,240	$997.6K	$57.2K	10-K	Dec 31, 2020	Mar 1, 2021
2019	8,385	+2.3%	+185	$1.2M	$80K	10-K	Dec 31, 2019	Feb 27, 2020
2018	8,200	+7.4%	+565	$1.4M	$153.5K	10-K	Dec 31, 2018	Feb 27, 2019
2017	7,635	-0.8%	-60	$1.2M	$106.4K	10-K	Dec 31, 2017	Feb 27, 2018
2016	7,695	+2.6%	+195	$1M	$49.7K	10-K	Dec 31, 2016	Feb 28, 2017
2015	7,500	-3.6%	-280	$1M	-$17.4K	10-K	Dec 31, 2015	Feb 26, 2016
2014	7,780	+13.2%	+910	$1.1M	$20.2K	10-K	Dec 31, 2014	Mar 2, 2015
2013	6,870	+3.0%	+200	$1.1M	$27.6K	10-K	Dec 31, 2013	Mar 3, 2014
2012	6,670	+2.1%	+140	$1.1M	$24.5K	10-K	Dec 31, 2012	Feb 27, 2013
2011	6,530	+5.7%	+350	$1.2M	$42.6K	10-K	Dec 31, 2011	Feb 27, 2012
2010	6,180	+3.2%	+190	$1M	$22.8K	10-K	Dec 31, 2010	Feb 23, 2011
2009	5,990	-9.9%	-660	$660.9K	-$1.4K	10-K	Dec 31, 2009	Feb 22, 2010
2008	6,650	+12.0%	+710	$1.2M	$69.7K	10-K	Dec 31, 2008	Feb 27, 2009
2007	5,940	+70.2%	+2,450	$738.1K	$66.4K	10-K	Dec 31, 2007	Feb 27, 2008
2006	3,490	+94.4%	+1,695	$928K	$113.7K	10-K	Dec 31, 2006	Feb 26, 2007
2005	1,795	+9.1%	+150	$1.2M	$123.6K	10-K	Dec 31, 2005	Mar 9, 2006
2004	1,645	+17.5%	+245	$1.3M	$179.5K	10-K	Dec 31, 2004	Mar 4, 2005
2003	1,400	+61.1%	+531	$705.2K	$33.7K	10-K	Dec 31, 2003	Mar 12, 2004
2002	869	—	—	$994.8K	$89.6K	10-K	Dec 31, 2002	Mar 28, 2003
2001	676	+3.7%	+24	—	—	10-K405	Dec 31, 2001	Mar 28, 2002
2000	652	+1.2%	+8	—	—	10-K405	Dec 31, 2000	Mar 30, 2001
1999	644	+27.3%	+138	—	—	10-K405	Dec 31, 1999	Mar 29, 2000
1998	506	+11.2%	+51	—	—	10-K405	Dec 31, 1998	Mar 31, 1999
1997	455	+40.0%	+130	—	—	10-K405	Dec 31, 1997	Mar 27, 1998
1996	325	—	—	—	—	10-K405	Dec 31, 1996	Mar 31, 1997

202312,600+4.5%
202212,060+13.3%
202110,640+10.5%
20209,625+14.8%
20198,385+2.3%
20188,200+7.4%
20177,635-0.8%
20167,695+2.6%
20157,500-3.6%
20147,780+13.2%
20136,870+3.0%
20126,670+2.1%
20116,530+5.7%
20106,180+3.2%
20095,990-9.9%
20086,650+12.0%
20075,940+70.2%
20063,490+94.4%
20051,795+9.1%
20041,645+17.5%
20031,400+61.1%
2002869—
2001676+3.7%
2000652+1.2%
1999644+27.3%
1998506+11.2%
1997455+40.0%
1996325—

About Steel Dynamics's employee count

Steel Dynamics (STLD) employed 12,600 people in fiscal year 2023, based on its most recent annual report. That headcount grew by +540 (+4.5%) from 12,060 a year earlier.

Across the 2002–2023 period, the company's reported workforce went from 869 to 12,600 employees — a compound annual growth rate (CAGR) of +13.6% per year.

Steel Dynamics generated about $1.5M of revenue and $194.5K of net income per employee in its latest annual period. Revenue and earnings per employee gauge how efficiently a company turns headcount into output, and are most telling when tracked over time or compared with peers in the same industry.

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